• Mar 15th 2011 at 9:55AM
  • 7
Concerned by news that UK-based electric commercial truck maker Modec fell into administration, Barry Shrier, chief executive officer of Liberty Electric Cars, has committed "significant resources" in an attempt to rescue the ailing automaker. Last Monday, Shrier said:
It's a sad day for the automotive industry as the UK has become the epicentre of electric vehicle technology – a position we must not relinquish. I believe Modec needs to be rescued by a UK firm to secure jobs and retain engineering expertise in this country.
Shrier continued by outlining Liberty's technological road map and claiming that a Liberty/Modec tie up could lead to the emergence of a "formidable player" in the electric vehicle segment. Though there's been no official announcement indicating that Liberty will buy out Modec, there is, at the very least, a bit of speculation that a takeover could be in the making.

[Source: Liberty Electric Cars]

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    • 1 Second Ago
      • 4 Years Ago
      Morgan I think sell about 700 cars a year? They are currently exhibiting the new version of their classic 3-wheeler. A lovely little machine for which I gather they've recieved over 300 firm orders.

      I live about 15 miles from their Malvern headquarters and occasionally see them being test driven around the Herefordshire countryside.
      • 4 Years Ago
      Smith Electric Vehicles will be at the CV Show in Birmingham this year. The team of myvan will be there, too. Do you have any questions for them? http://www.myvan.com/2011/04/04/smith-electric-vehicles-the-world-leader/
      • 4 Years Ago
      Hmm... This is the same Barry Shrier who stepped forth with a supposed bid to buy the UK part of Smith Electric Vehicles prior to it being bought by Smith's own US offshoot when that deal was already done. He didn't actually put up any upfront money as I understand it - merely demanded to see the company accounts and kicked up a lot of noise when the company predictably told him to get lost. To me at the time it looked nothing more than a publicity stunt for Liberty Cars rather than a genuine bid.

      For the sake of the workers at Modec, I hope his arrival on stage is genuine this time, and that these "significant resources" involve real money, and that my cynicism is unwarranted.
      • 4 Years Ago
      breconeer, I concur with just about everything you say. Your observations are astute. I too am following "liberty cars" and their progress (?), but there seems to be substantially more hot wind and sky news type interview marketing going on than anything else so far it seems. See youtube for the various liberty interviews and plugs. Yes, I too have only ever seen the one and same RRover.

      Also check out: http://www.youtube.com/watch?v=3Iugw_85_gs
      • 4 Years Ago
      LDV, Bristol, and now Modec. I know LDV and Bristol are not EV manufacturers, but still the troubles of all three just seem to be the latest casualties of Britain's ever-collapsing home-owned auto industry. Sad. I wonder who's next to crash and burn? Not Morgan, I hope.
      • 4 Years Ago
      Having looked a little further into Liberty Cars, I fear my cynicism is possibly justified.

      Perhaps they should call themselves Liberty Car (singular). As far as I can ascertain, apart from early prototypes, they've only produced the one so far. And the work on that was apparently subcontracted to another northeast England EV maker, partly paid for with government subsidies. I believe a second car is being handed over in the next week or two for the same government funded trial.

      I will happily apologise if I'm wrong.

      In recent press reports, Liberty are quoted as having a "memorandum of understanding" from an unnamed Scandinavian customer for 150 electric Range Rovers, and some other kind of commitment from an unnamed chinese busmaker who wants to buy Liberty 'eKits' for up to 10,000 buses. But the company website shows nothing indicating any actual sales.

      Their electric Range Rover has appeared in various press reports over several years. In May 2008 an Autocar article gave the expected UK price as £95k-£125k. In the UK it is now priced at £160,000 (about $258,000).

      If they have no proper factory of their own, I imagine it might suit them nicely to get their hands on Modec's workshop in Coventry. But if I were the adminstrator handling Modec's rescue, or a worker praying for salvation,I would want to see the colour of Liberty's money before handing over the keys.
      • 4 Years Ago
      I read your post.I think,Your observations are astute. I am following "liberty cars" and their progress (?), but there seems to be substantially more hot wind.
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